iEatBeaver

iEatBeaver

looks like a inverse head and shoulders is forming allowing for a some accumulation around $161 then some sideways action for the rest of the week does look like we are at the bottom of an acending triangle - shorts are down so not expecting any dumping anytime soon - but stock markets going down can cause people to pull from crypto to recoup losses HODL...

iEatBeaver

we may get another chance to short the top if you missed it

iEatBeaver

Here is three possible outcomes over the next week 2 are good if you wanna stay long one is good if you can short the top hopefully the bottom does not fall out any comments are accepted and appreciated

iEatBeaver

Throwing a prediction out there comments are appreciated and accepted

iEatBeaver

We still in an upward direction most likely trading sideways till monday if we get a higher high today then got to adjust the D on the green ABCD looking to see the green ABCD and yellow trend line to be broken and held for the next 6 days

iEatBeaver

Everything looks bullish at the moment - short positions are way down 21 crossed over the 54 just need to get over that trend line at $174 and hold it for a good hour but still got that tight stop - loss ( whales still wanna accumulate LoL ) if things fall below $170 may see a fall down to $153 area - with another fast bounce back

iEatBeaver

waiting for stock markets to close to decide which way this is going to go - guessing with the market down today people are using crypto as a safe haven - prolonging this squeeze shorts are going up on bitfinex - so looks as if everyone projects a downward swing my guess is a 6350 will be the first stop - but a panic dump may bring us down around 4350 see lots...

iEatBeaver

looks like the bears win today - as you can see in my chart upward trend has stopped and appears to be heading downwards now $124- $125 will be my next target range to buy we may get a drop to $94.57 if a panic sell happens - ( I figure most ppl closed their longs and have opened shorts so won't be to many people being liquidated ) but we may still get a...

iEatBeaver

sideways in these ranges - expect a pump to $168-170 - before the correction to $94.57 keep them stop - losses tiiight

iEatBeaver Updated 

Looks like we hit the high for the day, Chart shows my buy and sell areas, staying out of the yellow area as it will probably be trading sideways in that zone all day. Stay on the lookout for a whale or two taking a dump today, for that ever anticipated correction to the $94.57 area . So keep those stop - losss tighter than a nun on pay day

iEatBeaver

Looks like the rising wedge ends around 10:15 - 12:15 eastern time sunday if bitcoin does fail it will fall to $4350 correction and then bounce back upwards of $9k which means eth should fall to about $94.57 and bounce back to about $195.65 can't say if it will stay on par with btc as it may attract more investor being the silver of crypto (cheaper) if reg...